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obama's policies dangerous. both sides are downplaying expectations, giving credit to each other as strong debaters. >> obama is going to be formidable and ike it will be a good debate but i certainly would not underestimate what barack obama brings. >> he's a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> both sides are already planning their post debate rallies. romney is in virginia with paul ryan on thursday. president obama is staying in colorado. >> wednesday night big one, number one. >> thursday morning will be big here. >> a lot to talk about. >>> a bay area haven to techies has now been saved from closure. we'll have the details coming up next. >>> plus after three straight days of talks, we'll tell you if the sharks are going back on the ice any time soon. >>> and we're looking at traffic back on 880 here. a smooth drive through fremont. let's see how the roadways are going coming up. >>> welcome ba
obama's policies dangerous. both sides are downplaying expectations, giving credit to each other as strong debaters. >> obama is going to be formidable and ike it will be a good debate but i certainly would not underestimate what barack obama brings. >> he's a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> both sides are already planning their post debate rallies. romney is...
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obama well within reach of the 270 electoral votes needed for a win with ohio and iowa now among the states he would carry. romney would need to quickly gain the upper hand in nearly all of the nine states where he and the president are competing the hardest. >>> you can see the first debate between mitt romney and president obama right here on abc7. abc news, your voice, your vote. live debate coverage begins at 6:00 p.m. this wednesday. the u.s. supreme court will begin their new term tomorrow and the justices may weigh in on proposition 8. just as clarence thomas and colleagues attended a red mass at the cathedral in washington d.c., the church hosts the annual mass to pray for the judges. the court will hear arguments on october 10th that could further limit or even end affirmative action for college admission. also an appeal to sustain prop 8 could be heard in november. california voters approved a ban on same-sex marriage four years ago. >>> a messy situation on stage proves justin bieber is one dedicated performer. the story ahead and plus a portion of san francisco is now ora
obama well within reach of the 270 electoral votes needed for a win with ohio and iowa now among the states he would carry. romney would need to quickly gain the upper hand in nearly all of the nine states where he and the president are competing the hardest. >>> you can see the first debate between mitt romney and president obama right here on abc7. abc news, your voice, your vote. live debate coverage begins at 6:00 p.m. this wednesday. the u.s. supreme court will begin their new...
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on wednesday president obama and mitt romney will face-off. both camps are trying to down play expectations. >> reporter: president obama is in nevada working to secure votes in the battleground state. >> hello las vegas. >> reporter: one of nine must win states and polls show a tight race. >> if you stand with me and work with me we will win again. we will win nevada again. we will win this election again. >>> the president is spending the next couple days cramming for the first of three debates. >> i know folks in the media are speculating on who will have the best zingers. mitt romney is a good debater. i am just okay. >> reporter: mitt romney began practicing in june and continued prepping tuesday. chris christie said mitt romney's performance will turn the race upside down. >> you will say we have a barn burner now. >> reporter: mitt romney's run -- paul ryan dialed back expectations. >> i don't think one event is going to make or break the campaign. >> reporter: paul ryan says mitt romney will lay out the choice voters have, especially w
on wednesday president obama and mitt romney will face-off. both camps are trying to down play expectations. >> reporter: president obama is in nevada working to secure votes in the battleground state. >> hello las vegas. >> reporter: one of nine must win states and polls show a tight race. >> if you stand with me and work with me we will win again. we will win nevada again. we will win this election again. >>> the president is spending the next couple days...
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temple's eddie said he is a terrific the major. >> why would carry say he is better than obama? they're trying to lower expectations. they will while you right here on kron4 with all the highlights of the debate and we'll be showing the debate as well. meantime let's take a look of the latest poll it shows pretty much a dead heat 48.7% to 48.6% this is the latest they have and the polls. you can see it right here we will study the highlights what if you flip over to kind cast 193 or 4.2247 news channel you can see the entire debate as that first presidential debate gets under way on wednesday. >> with election day a little more than a month away we have some potentially crop troubling cases of boater registration fraud. the republican party has tied a third party firm to get people register to vote. the firm is under investigation for producing questionable voter registration forms they may not have been completely accurate. hundreds and possibly thousands of of for eln day in, they need to make sure that that information is correct. >> our nation's busiest highway is open again
temple's eddie said he is a terrific the major. >> why would carry say he is better than obama? they're trying to lower expectations. they will while you right here on kron4 with all the highlights of the debate and we'll be showing the debate as well. meantime let's take a look of the latest poll it shows pretty much a dead heat 48.7% to 48.6% this is the latest they have and the polls. you can see it right here we will study the highlights what if you flip over to kind cast 193 or...
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obama with 51% support compared to 44% for mitt romney. the poll surveyed voters in more than half a dozen states. susan mcginnis joins us live. >> reporter: good morning. everybody is getting sick of these polls. it is what they show that the president has within reach the 270 electoral votes needed to win. he is still coming under lots of criticism over handling of foreign affairs >> more than 11,000 people packed a high school in las vegas sunday night to listen to president obama. >> we'll win nevada again. we'll win this election against. >> last scheduled appearance before the first presidential debate on wednesday. >> governor romney he's a good debater. i'm just okay. >> romney fit in another rehearsal after church in boston on sunday. he's not practicing since june. his running mate paul ryan says this will not be a defining moment. >> i don't think one event is going to make or break this campaign. >> parentally not everyone got the memo to downplay expectations >> thursday morning you are going to be scratching your heads and sa
obama with 51% support compared to 44% for mitt romney. the poll surveyed voters in more than half a dozen states. susan mcginnis joins us live. >> reporter: good morning. everybody is getting sick of these polls. it is what they show that the president has within reach the 270 electoral votes needed to win. he is still coming under lots of criticism over handling of foreign affairs >> more than 11,000 people packed a high school in las vegas sunday night to listen to president...
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that debate begins at 6:00 p.m. >>> president obama makes one fund raising visit next week. a week from monday he will host a dinner in san francisco. now to dine with the president will set you back $20,000 a plate. that campaign has not yet announced the musical guest. >>> our election coverage continues at 10:30, we look at the proposition that eases the state's tough three strikes sentencing law. that if approved could lead to the release of thousands of inmates. >>> san francisco mayor ed lee was on hand earlier this evening to kick off the 30th annual oracle open world user conference. larry ellison delivered the opening dress debuting new cloud computing products. 50,000 people are expected to attend the week long event at masconi center. the area around howard street is expected to be blocked and drivers will likely experience delays. the event is expected to bring in an influx of cash to retailers. >> it has a really huge impact to the city. i think it brings a lot of revenue and we're lucky to have it. >> reporter: open world runs through october 4th. >>> more deta
that debate begins at 6:00 p.m. >>> president obama makes one fund raising visit next week. a week from monday he will host a dinner in san francisco. now to dine with the president will set you back $20,000 a plate. that campaign has not yet announced the musical guest. >>> our election coverage continues at 10:30, we look at the proposition that eases the state's tough three strikes sentencing law. that if approved could lead to the release of thousands of inmates....
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and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you, america, doing with your money. how are you changing your investments, your 401(k). right? a lot? a little? not at all? we make our tests hard here on street signs. you can go to streetsigns.cnbc.com. or tweet us your responses or send a very well trained pigeon. >> yes. >>> a market flash not delivered by pigeon but by word of mouth. >> good afternoon, guys. we're watching shares of service now, ticker now. looking at a downgrade from ubs. they took the stock from neutral to sell with a price target of $28. the firm is saying while they aren't questioning the strong fundamentals, they d
and the market may or may not be pricing in an obama re-election. that's all going to potentially change during the debates. it will either go higher or lower. i think at the end of the day, the election is a short term mover of the marketplace and we would look for that volatility to add positions that we have a lot of conviction in. >> we've got to leave it there. tom, leo, thank you very much for kicking off our show. >> thank you very much. >>> so, what are you,...
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a lot of people thought they'd start beginning to president obama. i hear they're not doing that, but they are diverting money that was promised to mitt romney and diverting it to these house and senate races where they think they can help republicans keep the house and maybe pick up seats in the senate, maybe take the senate. ashley: so they're losing heart in the campaign. >> reporter: clearly there is a trend out there where they are, and the money is starting to shift. now, this trend is lot of people -- these same people that i'm talking to, i will say these are major fundraisers for mitt romney, and they raise for other people, republicans, and not only that, they are pretty tight inside the campaign. what they're saying is they think this trend could be reversed. what could reverse this trend? a really good debate performance. what could expedite -- and that debate, as you know, comes wednesday. what could expedite this trend? a really lousy debate performance. ashley: no pressure. >> reporter: you're clearly going to see republican donors, at
a lot of people thought they'd start beginning to president obama. i hear they're not doing that, but they are diverting money that was promised to mitt romney and diverting it to these house and senate races where they think they can help republicans keep the house and maybe pick up seats in the senate, maybe take the senate. ashley: so they're losing heart in the campaign. >> reporter: clearly there is a trend out there where they are, and the money is starting to shift. now, this trend...
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president obama in nevada, mitt romney is in massachusetts. this morning new poll shows 63% of registered voters expect president obama to win the election. his biggest lead so far when it comes to expectations. looking at actual support among likely voters the race is closer. president obama leads mitt romney by two points 49-47%. >>> i have absolute confidence when we get to thursday morning you are going to say it is a new race. >> the president has to be the president he killed osama about weather i think he can stand up to mitt romney but he has to relax. >>> meantime, mitt romney continues to hammer away at president obama's foreign policy. in an editorial, romney calls for a new mideast strategy. see that first debate right here on abc7. live debate courtroom begins at 6 p.m. this wednesday. >>> oracle president gives today's keynote at the annual world conference in san francisco. last night the ceo ellison wowed 10,000 guests by announcing three new cloud-based products to help process fastest yet. just getting word that nokia and ora
president obama in nevada, mitt romney is in massachusetts. this morning new poll shows 63% of registered voters expect president obama to win the election. his biggest lead so far when it comes to expectations. looking at actual support among likely voters the race is closer. president obama leads mitt romney by two points 49-47%. >>> i have absolute confidence when we get to thursday morning you are going to say it is a new race. >> the president has to be the president he...
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if it's the combative and aggressive president obama. mitt romney could go toe to toe with him and punch for punch. it's it's 2008 rope-a-dope obama that dominated the debates back then governor romney has to be careful not to punch himself out early or commit any unforced errors. clearly articulate the choice between himself and president obama where he would take the country and where the president would here is ryan. >> he needs to give the american people the choice we are offering. that's what we are doing. we owe the country a very clear choice of a different future. we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. >> and this debate format is going to be different for the governor as well. out of 23 debates he has never, shep, had a one-on-one like he will on wednesday. >> shepard: while they are trying to lower expectations here some surrogates and some aren't. >> exactly. things are going pretty well in the expectations game. right up until governor
if it's the combative and aggressive president obama. mitt romney could go toe to toe with him and punch for punch. it's it's 2008 rope-a-dope obama that dominated the debates back then governor romney has to be careful not to punch himself out early or commit any unforced errors. clearly articulate the choice between himself and president obama where he would take the country and where the president would here is ryan. >> he needs to give the american people the choice we are offering....
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president obama prepared with john kerry. president obama has a four point lead over romney in the latest poll. it is a dead heat going into this debate. it is going to be fun to watch and you can watch it right here on kron4 and we will have the highlights but we will be showing you the entire debate on march 24th 7 news channel. it is comcast channel 193 as well as digital over the air 4.2. tune in for the big first presidential debate. >> election day is more than a month away but there's still potentially troubling cases of voter registration fraud still in florida right now. there is a third party firm that was hired to hit the streets and register voters. there was a debate as to questionable registration forms. the supreme court of the united states starts a new term today. there is an explosive docket. there is a range of issues on the docket. voting rights and abortion issues are among those. the last term ended with major cases including the controversial health care overhaul bill. >> a live look from the 405 in los
president obama prepared with john kerry. president obama has a four point lead over romney in the latest poll. it is a dead heat going into this debate. it is going to be fun to watch and you can watch it right here on kron4 and we will have the highlights but we will be showing you the entire debate on march 24th 7 news channel. it is comcast channel 193 as well as digital over the air 4.2. tune in for the big first presidential debate. >> election day is more than a month away but...
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obama's policies dangerous. both sides are downplaying expectations, giving credit to each other as strong debaters. >> he's going to be formidable. it will be a good debate but i certainly would not underestimate what barack obama brings. >> mitt romney is a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> both sides already planning their post debate rallies. romney is in virginia with paul ryan on thursday. president obama will be staying in colorado. >>> 5:43 right now. let's talk a little bit of baseball. long time coming. a's fans waiting a very long time for this, a shot at the postseason. >> exciting. the last time oakland was playing in the postseason was back in 2006. >> i remember. >> christey smi ie smith is liv oakland. good morning. >> reporter: good morning to you, jon and laura. you know, there is a t-shirt hanging up front in the team store here in oakland that says oakland a's feeling lucky and
obama's policies dangerous. both sides are downplaying expectations, giving credit to each other as strong debaters. >> he's going to be formidable. it will be a good debate but i certainly would not underestimate what barack obama brings. >> mitt romney is a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> both sides already planning their post debate rallies. romney is in...
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my observation on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ >>> all right, welcome back, 30 seconds on the clock, our next guest telling us what they think will move the markets tomorrow morning. we get right to it right now. ubs, steven nicholas, and good to have you on the program, everybody. let's kick it off with you, what are you looking at tomorrow? 30 seconds on the clock. >> well, if you're watching emerging markets, look out for brazil industrial production tomorrow morning at 8:00 a.m. probably mark the 12th straight month of contracting ip, going back to last september. this probably is most importantly f
my observation on the defense companies feeling the hate from the obama administration on the timing of potential job cuts. wait until you hear the details of what's happening now. >>> up next, what will move your money first thing tomorrow morning? three of wall street's top money pros here tell you what they're watching, on the other side of this break. stay with us. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [...
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president obama is in nevada today and mitt romney in massachusetts. this morning new poll shows 63% of registered voters expect president obama to win reelection. his biggest lead so far when it comes to expectations. actual support among likely voters the race is closer, president obama leads mitt romney by two points, 49-47%. >> i have absolute confidence when we get to thursday morning you are going to say it is a new race. >> in guy killed osama bin laden i think he can stan up to mitt romney. >> mitt romney continues to hammer president obama's foreign policy in an editorial today romney calls for a new mideast strategy. see the first debate between mitt romney and president obama right here on abc7, live debate coverage begins 6 p.m. this wednesday. >>> october 1st, the u.s. supreme court convenes new session today. explosive issues like same-sex marriage, voting rights and abortion likely coming up. the first thing 7:00 this morning, pacific time, will release a list of appeals it will not consider. california's ban on same-sex marriage is not
president obama is in nevada today and mitt romney in massachusetts. this morning new poll shows 63% of registered voters expect president obama to win reelection. his biggest lead so far when it comes to expectations. actual support among likely voters the race is closer, president obama leads mitt romney by two points, 49-47%. >> i have absolute confidence when we get to thursday morning you are going to say it is a new race. >> in guy killed osama bin laden i think he can stan up...
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is the mainstream media in the tank for president obama? what do you think the headline will be in the new york times thursday morning. go on to facebook, i want your suggestions please, very interesting. most in not all economic indicators point to another recession and we're getting another indicator at the top of the next hour, you will have it. and next up, peter schiff, predicted doom and gloom before. and weighs in on this, is recession inevitable next year, plus are we really going to send money to egypt. the romney and ryan team are talking about it and so are we. >> their response was slow, it was confused, it was inconsistent. >> we're going to get out of the box this metropolitan morning with a solid rally and futures, a 70, maybe 80 point gain for the dow, and close to 13-5, i do believe which of course left a thousand points away from the all time high for the dow industrials and that's what ben printing a lot of money will do for you. the market has opened and we've opened to the upside. and for 10 seconds will probably get up
is the mainstream media in the tank for president obama? what do you think the headline will be in the new york times thursday morning. go on to facebook, i want your suggestions please, very interesting. most in not all economic indicators point to another recession and we're getting another indicator at the top of the next hour, you will have it. and next up, peter schiff, predicted doom and gloom before. and weighs in on this, is recession inevitable next year, plus are we really going to...
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the poll found 63% expect obama to win. 56% of potential voters expect the president to win the debate. karen travers has a look at how both parties are preparing for the first debate on wednesday. >> president obama arrived in nevada for three days of what campaign aids are calling debate camp. he took a break to rally supporters in that critical battleground state. >> i believe in you, and i ask you to keep on believing in me. >> both the president and mitt romney will hunker down over the next few days as they huddle with senior advisors to prepare for wednesday's high stakes showdown in november. aids to both campaigns have been bending over backwards to come compliment their opponent and downplay expectations. kris chris -- chris christie set a high bar for romney. >> this is the first time america can see these guys side by side laying out their visions unfiltered. it will be a powerful moment for mitt romney. >> they are preparing for mitt romney to come armed. >> they have been practicing the zingers for months. i'm sure they will have a bunch of lines. that's not what the amer
the poll found 63% expect obama to win. 56% of potential voters expect the president to win the debate. karen travers has a look at how both parties are preparing for the first debate on wednesday. >> president obama arrived in nevada for three days of what campaign aids are calling debate camp. he took a break to rally supporters in that critical battleground state. >> i believe in you, and i ask you to keep on believing in me. >> both the president and mitt romney will...
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swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. do you think they can avoid having to
swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall...
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will president obama take the credit? tracy: and why time almost wasn't on the side of champion golfer rory mcilroy. that was ugly. male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. >> at 21 minutes past the hour i'm lauren green with your fox news minute. three u.s. troops were among those killed in a bombing attack in afghanistan today. at least 11 others were also killed. the taliban claimed responsibility for the blast which came a day after the u.s. death toll in afghanistan reached 2000. the supreme court has refused to consider an appeal by a unit of bank of america on a r
will president obama take the credit? tracy: and why time almost wasn't on the side of champion golfer rory mcilroy. that was ugly. male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td...
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the poll found 63% expect obama to win. 56% of potential voters expect the president to win the debate. karen travers has a look at how both parties are preparing for the first debate on wednesday. >> president obama arrived in nevada for three days of what campaign aids are calling debate camp. he took a break to rally supporters in that critical battleground state. >> i believe in you, and i ask you to keep on believing in me. >> both the president and mitt romney will hunker down over the next few days as they huddle with senior advisors to prepare for wednesday's high stakes showdown in november. aids to both campaigns have been bending over backwards to come compliment their opponent and downplay expectations. kris chris -- chris christie set a high bar for romney. >> this is the first time america can see these guys side by side laying out their visions unfiltered. it will be a powerful moment for mitt romney. >> they are preparing for mitt romney to come armed. >> they have been practicing the zingers for months. i'm sure they will have a bunch of lines. that's not what the amer
the poll found 63% expect obama to win. 56% of potential voters expect the president to win the debate. karen travers has a look at how both parties are preparing for the first debate on wednesday. >> president obama arrived in nevada for three days of what campaign aids are calling debate camp. he took a break to rally supporters in that critical battleground state. >> i believe in you, and i ask you to keep on believing in me. >> both the president and mitt romney will...
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one week from today, president obama comes back here to the bay area to raise campaign cash. he will host a $20,000 a plate dinner in san francisco. a concert will follow the dinner. concert tickets start at $100 and go up to 7500 for premium seats and a photo opportunity. at this point, though, the musical guests have not been announced. the notorious bank robbery love birds, bonnie & clyde with still linked to big money. 78 years after their death. >> two of the guns that carried on the day they died sold in auction, bringing in more than $500,000 at a new hampshire auction. collide's pocket watch -- clyde's pocket watch brought in another $36,000 and even an aspirin tin sold for more than $11,000. >>> a 19-year-old man recovering after falling off a water slide. it happened at six flags hurricane harbor in santa clarita. authorities say he bypassed, got past live guards, jumped down the slide head first and then well off the water slide and halfway down, he landed on the concrete. now, authorities say he was breathing. he was conscious when he was rushed to the hospital. >
one week from today, president obama comes back here to the bay area to raise campaign cash. he will host a $20,000 a plate dinner in san francisco. a concert will follow the dinner. concert tickets start at $100 and go up to 7500 for premium seats and a photo opportunity. at this point, though, the musical guests have not been announced. the notorious bank robbery love birds, bonnie & clyde with still linked to big money. 78 years after their death. >> two of the guns that carried on...
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bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the oba
bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between...
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. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david, thank you for being with us. >>
. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on...